$35,000
About this home
Investment opportunity in the heart of Salem! Situated on approximately 0.19 acres, this commercially zoned property offers over 2,100 square feet and is ready for its next chapter. The building is in need of substantial rehabilitation and is being sold as-is. Buyers should conduct their own due diligence regarding the property's condition, intended use, zoning requirements, and any permits, inspections, or approvals that may be required by the City of Salem prior to redevelopment or occupancy. Located in a commercial corridor with C-2 General Commercial zoning, this property offers potential for a variety of commercial uses, subject to municipal approval. The property is believed to be located within Salem's Community Reinvestment Area (CRA), which may provide redevelopment incentive opportunities for qualifying improvements. Whether you're looking to restore, renovate, or reimagine the space, this property presents an opportunity to invest in a location with future potential.
Property details
- MLS #
- 5225122
- Property type
- MixedUse
- Subdivision
- John Streets Add
- Status
- Active
- Days on market
- N/A
- On market date
- July 15, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.1527 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 282
- Student:teacher ratio
- 23.5:1
- District
- Salem City
- Enrollment
- 343
- Student:teacher ratio
- 21.4:1
- District
- Salem City
- Enrollment
- 664
- Student:teacher ratio
- 20.1:1
- District
- Salem City
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 15, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.